Future Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
SOYBEAN OIL Mar 2022 (CBOT:ZL.H22)
Strong Uptrend (+100) - ZL.H22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZL.H22 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid ZL.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZL.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZL.H22
The long-term trend has been UP since Jun 9th, 2020 at 30.25
The intermediate-term trend has been UP since Apr 18th, 2021 at 46.96
The short-term trend has been UP since Apr 30th, 2021 at 50.38
Smart Scan Analysis for ZL.H22
Based on our trend formula, ZL.H22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).